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Cheap in this sense meaning the type of stock classically described by Benjamin Graham and his student, Warren Buffett, as an undervalued situation — or, these days, more often referred to simply as a value stock. It doesn&s;t necessarily mean it&s;s worth buying, but when the price/earnings ratio is significantly lower than the market as a whole – and other factors are present — it might be worth further evaluation. That&s;s the idea.
These types of stocks typically do not make headlines. Financial media outlets do not track the movements of their CEO&s;s relentlessly as if they were celebrity figures. These companies are not much talked about at social occasions like family gatherings or at the country club after a round of golf with business associates. Mostly, these are the opposite of hot stocks.
Top Undervalued Stocks To Own For 2019: Shake Shack, Inc.(SHAK)
- [By ]
One of the most stunning upside surprises this quarter was Shake Shack (SHAK) , Cramer told viewers. Shares of the high-end burger chain shot up 18% in a single session thanks to a 1.2% increase in same-store sale. But does that mean the stock is still a buy?
- [By Chris Lange]
Shake Shack Inc. (NYSE: SHAK) saw its shares hit a multiyear high after the company reported its first-quarter financial results after the markets closed on Thursday. The burger joint said that it had $0.13 in earnings per share (EPS) on $99.1 million in revenue, which compares with consensus estimates of $0.08 in EPS on revenue of $93.34 million. In the same period of last year, it said it had EPS of $0.10 and $76.75 million in revenue.
- [By Billy Duberstein]
Shake Shack (NYSE:SHAK) was one of the big winners of the current earnings season, with the stock popping 25% the day after its first quarter earnings release. Revenue increased 31.2% to $96.14 million, beating expectations by $3.27 million, while adjusted earnings per share (accounting for the substantial minority interests of its founders) came in at $0.15, up 50% over the prior year.
- [By Jeremy Bowman]
Shake Shack (NYSE:SHAK) shares soared after the company breezed past estimates in its first-quarter earnings report. The better-burger chain said revenue increased 29.1% to $99.1 million, ahead of expectations of $96.3 million, while adjusted earnings per share increased from $0.10 to $0.15, crushing the consensus of $0.08. The company also made some upward revisions to its full-year guidance.
- [By Jim Crumly]
Two stocks made big moves after reporting earnings:Pandora Media (NYSE:P) and Shake Shack (NYSE:SHAK) gave their investors reasons to celebrate this weekend.
- [By Garrett Baldwin]
Yesterday, the Fed Open Market Committee announced it would not raise interest rates this session. The central bank committee, which is in charge of monetary policy, said that inflation is rising and that the U.S. economy is getting better. Markets are now looking forward to the next meeting on June 12 for the U.S. Federal Reserve to bump rates higher for the second time in 2018. Shares of Tesla Inc. (Nasdaq: TSLA) slumped more than 4.5% after Tesla CEO Elon Musk held an highly unusual earnings call. After announcing that his firm burned through $700 million in cash during the quarter of 2018, Musk refused to take any more questions on the company’s fiscal health, dismissing analysts’ questions as “boring.” Musk instead spent the rest of the quarterly call taking questions from a YouTuber named Gali Russell who had lobbied Musk on Twitter to let him partake in the earnings call. This morning, the U.S. Labor Department reported initial jobless claims rose by 2,000, to 211,000. Analysts had projected 225,000 for the week. The tightening U.S. labor market has now seen the total number of Americans receiving benefits fall to the lowest level since 1973. America’s unemployment rate is sitting at 4.1%, the lowest figure in 17 years. Tomorrow, the Labor Department will release the April jobs report.
Four Stocks to Watch Today: GPRO, SPOT, CI
GoPro Inc. (Nasdaq: GPRO) will lead another busy day of earnings reports on Wall Street. The firm will report earnings after the bell Thursday. Wall Street expects that the tech firm is about to report a loss of -$0.40 per share on top of $175.40 billion in revenue. Here’s a way to make a lot of money in a short time during earnings season. Spotify Technology SA(NYSE: SPOT) did not have a very good first earnings report. Shares plunged more than 8% after the firm’s music-streaming forecasts fell well short of expectations. During its earnings report, signals indicated that the firm’s growth could slow despite news that its
Top Undervalued Stocks To Own For 2019: Intellipharmaceutics International Inc.(IPCI)
- [By Max Byerly]
IntelliPharmaCeutics Intl (NASDAQ:IPCI) (TSE:I)‘s stock had its “hold” rating restated by equities researchers at Maxim Group in a research report issued on Friday. They presently have a $8.00 price target on the stock.
Top Undervalued Stocks To Own For 2019: H. B. Fuller Company(FUL)
- [By Joseph Griffin]
Get a free copy of the Zacks research report on H.B. Fuller (FUL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
H.B. Fuller (NYSE: FUL) and CSW Industrials (NASDAQ:CSWI) are both basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations.
Top Undervalued Stocks To Own For 2019: Extra Space Storage Inc(EXR)
- [By Stephan Byrd]
These are some of the news headlines that may have impacted Accern’s scoring:
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Extra Space Storage Inc.: Extra Space Storage Inc. Announces a 10.3% increase to Quarterly Common Dividend (twst.com) Extra Space Storage (EXR) Raises Quarterly Dividend 10.3% to $0.86; 3.6% Yield (streetinsider.com) Extra Space Storage declares $0.86 dividend (seekingalpha.com) Extra Space Storage (EXR) Director K Fred Skousen Sells 1,318 Shares (americanbankingnews.com)
Extra Space Storage traded up $0.05, hitting $95.15, during trading on Friday, according to MarketBeat. 868,070 shares of the company traded hands, compared to its average volume of 921,033. The firm has a market cap of $11.99 billion, a P/E ratio of 21.72, a PEG ratio of 4.00 and a beta of 0.19. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.50 and a current ratio of 0.50. Extra Space Storage has a one year low of $73.70 and a one year high of $96.18.
- [By Stephan Byrd]
Extra Space Storage, Inc. (NYSE:EXR) hit a new 52-week high and low during trading on Tuesday . The company traded as low as $93.95 and last traded at $93.32, with a volume of 318074 shares changing hands. The stock had previously closed at $93.44.
- [By Logan Wallace]
Lee Financial Co lifted its stake in Extra Space Storage (NYSE:EXR) by 100.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,100 shares of the real estate investment trust’s stock after purchasing an additional 1,050 shares during the quarter. Lee Financial Co’s holdings in Extra Space Storage were worth $183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Shane Hupp]
NN Investment Partners Holdings N.V. trimmed its position in Extra Space Storage, Inc. (NYSE:EXR) by 14.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 666,525 shares of the real estate investment trust’s stock after selling 115,000 shares during the period. NN Investment Partners Holdings N.V.’s holdings in Extra Space Storage were worth $66,525,000 at the end of the most recent reporting period.